not all altcoins will die. maybe history like 2017 will repeat itself. right now I think big altcoins might like ethereum, xrp and others will still be able to survive if altcoin is priced at $ 100k but altcoin with low prices, low volume and also less interested. will definitely fall
Altcoin will loss its value and it's possible. You must not take the old history of the altcoin as a good information to determine where will the market be going on as so many experts have been doing the same and they are all getting failed to predict where is the direction of the market.
altcoin will loss its value, it is possible
altcoin will increase its value, it is possible too
if we dont take from history, then what is function of technical analysis?
if some people fail, it doesn't mean all people failed too.
every analysis is to predict almost right, not to be 100% right. that's what should we know
There is no reason to ignore the technical analysis at this point, market research shows the power of technical analyse. The market trends can be measured in trends and the best way to find the trend is the technical tools. Everything is possible with your logic, in this case.